2022 Marcum National Construction Survey

11. What do you see as the biggest threat to your business over the next 12 months? Banking (tightened credit) 4% Increase difficulty in securing bonding 4% Labor costs 7% Securing skilled labor 27% Lack of work 8% Material costs 23% Unfunded pension liability 1% The currrent political climate 8% COVID-19 14% Other, please list 4% 12. Over the past 12 months, what percentage, on average, have you increased the pay for your skilled labor force? We have not increased pay 5% 1-3% 28% 4-5% 39% 6-8% 15% >8% 13% 13. What are you doing to address the lack of skilled labor? (check all that apply) Increasing compensation 62% Conducting stay interviews 24% Performance evaluations 42% Partnering with trade schools/high schools 39% Employee recognition and appreciation programs 42% Other, please specify 12%

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